Recent content by Shafii

Also, the size of my order was EUR 125K and this shouldn't impose any liquidity problem. I have concerns because I was planning to trade at least 500K at a clip.

Steve, what about my original post? my order took 5 seconds to execute. Again, I am not complaining about the price, I am complaining about slow order execution. My stop was triggered at 8:30:02 but was executed at 8:30:07. Banks had posted many quotes during those 5 seconds, why they did not...

Hi Ballyhoo, I have to disagree with you. Despite this execution problem and IB refusal to recognize it. I think IB is still one of the best forex brokers around. This type of problems is quite rare with IB. I can confirm that 90% of my trades are executed properly.

AFAIK, stop-market orders triggering on IB is always based on bid/ask prices, for example, a stop-market sell order is triggered when ask price hits the stop price, the order is then executed as a market order. Also 5 seconds is too long to execute a market order, if you check attached time and...

Just to bring this up.

I a fast markets, quotes jump from one price range to another. In this case the market was trading for 5 full seconds before the broker filled my order. That's a clear broker inefficiency for me. Also, how can a trader guarantee fair execution? I see the broker always has the upper hand on...

Hi, I had been trying IDEALPRO for little less than two month. Testing live executions with small positions. I had a trade on Friday 14th July which I think IB did not fairly execute. I called IB help desk, then I had a live chat support, they said they can not adjust the trade. At 8:29 I...

Thanks ddunbar for your reply. I'm already in the process of opening a new account with IB. I just wanted to get some feedback on this matter, to know what to expect. I agree about all the advantages of ECN-brokers over MM-brokers like fxcm. ECN-brokers (like IB and HotSpotFX) will not trade...

I had an email sent to help@interactivebrokers.com concerning the subject, I got a reply which I wanted to share with the community for comments. My original email: "Shafii Mohammed" <***> wrote on 05/05/2006 07:32:11 AM: *** I just need to clear one simple issue before I proceed...

Based on previous posts in this thread, it looks like IB has better liquidity than HotSpotFX retail, is it true? I was surprised to hear this since HotSpot is an FX only broker and has HSFXi to back it up.

Among many things which I like about IB, transparency is on top of the list. Other brokers are always reluctant to provide such information. IMO, transparency translates into trust. Traders trust is really important in unregulated FX markets.

Steve, who are the liquidity providers on MBT?

Thanks taboni for your reply. I look forward for some more comments on this subject.